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    11023 South Ocean Dr Jensen Beach, FL 34957

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    For Lease
    $28 SF/Yr

    1,117 SF retail unit in Jensen Beach plaza.

    Property size:
    18,479 SF
    Lot size:
    18,479 SF

    Property Features for 11023 South Ocean Dr

    General Information

    Size
    18,479 SF

    Building Details

    Year built
    1984

    Source: Reid Armor Agent Reid Armor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Hutchinson Island

    A 1,117-square-foot commercial unit is available for lease at Hutchinson Island Shops, located on S Ocean Drive in Jensen Beach. The unit, previously an arcade, offers a flexible layout suitable for retail or small service businesses. The property benefits from convenient parking and consistent foot traffic from both local residents and tourists. The plaza's tenant mix includes Sunrise Surfshop, Magic Oyster Bar, Islander Salon & Spa, Strawberry’s Ice Cream, Island Liquor, USPS, and a Seacoast Bank ATM, creating a diverse retail environment and steady customer flow. The property is located on the west side of Ocean Drive, just north of the Martin County/St. Lucie County border. The zoning is General Commercial. The building was originally built in 1984 and renovated in 2005.
    Location Intelligence

    Current Use by Public Records

    Hutchinson Island Shops Shopping Mall Seacoast Bank ATM Atm Huthcinson Island Real ... Commercial Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jensen Beach
    County
    Martin
    State
    Florida
    Longitude
    -80.201883
    Latitude
    27.264254

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    FAQs

    What type of property is this?
    Retail space - 1,117 SF retail unit in Jensen Beach plaza.
    Where is this retail space located?
    The property is located at 11023 South Ocean Dr Jensen Beach, FL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on S Ocean Drive ensures steady customer flow.; - Flexible 1,117 SF space is ideal for retail or small service businesses.; - Located in the well-established Hutchinson Island Shops with a diverse mix of tenants.
    (772) 631-4248
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    11023 South Ocean Dr Jensen Beach, FL 34957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11023 South Ocean Dr Jensen Beach, FL 34957
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